ExxonMobil profits dip as it gives back almost $10 bn to investors
ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions. Chevron's earnings were also dented by lower refining margins, although it also enjoyed record oil and natural gas production from the Permian Basin.
ExxonMobil profits dip as it gives back almost $10 bn to investors
ExxonMobil reported a dip in third-quarter profits Friday on lower earnings from its refining business, but the results were strong enough to enable nearly $10 billion in shareholder distributions. Chevron's earnings were also dented by lower refining margins, although it also enjoyed record oil and natural gas production from the Permian Basin.
Struggling Intel Hints At Turnaround With Optimistic Forecast
Intel announced thousands of job cuts earlier this year, was hit with reports of unreliable processors, and struggled to fend off a takeover from Qualcomm. But it has now given a fourth-quarter revenue forecast that is above estimates, and has sparked a glimmer of hope that it is capable of turning around its business. Fourth-quarter... Read More
Enbridge's profit more than doubles to $1.3 billion
Higher tolls on the Mainline pipeline system helped pipeline giant Enbridge Inc. earn a profit of almost $1.3 billion in the third quarter, more than twice the $532 million it posted in the same period a year ago.
ADNOC Distribution 9-month net profit clears Dh1.8b on higher fuel volumes, retail services
ADNOC Distribution net profit would have been Dh2b+, but Dh183m to go as corporate tax
Oil giant Shell posts $6 billion profit beat, launches new share buyback program
British oil giant Shell on Thursday posted a small year-on-year drop in third-quarter profit as a sharp drop in crude prices was offset by higher gas sales.
Roku Stock Tumbles on Disappointing Outlook, Plan To Withhold Streaming Numbers
Roku shares are tumbling 15% in premarket trading Thursday, a day after the company posted a disappointing fourth-quarter outlook and said it would stop issuing quarterly household streaming figures starting next year.
last updated on 1 Nov 17:17